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[Satellite News - 1-8-08] Investment firm Mountain Super Angel is confident that it can turn around the SkyDSL satellite broadband business, which the current owner, Teles, considered shutting down.
Mountain Super Angel AG signed an agreement with Teles AG Jan. 3 to potentially acquire 80 percent of Berlin-based Teles Wireless Broadband Internet GmbH, which operates the European broadband Internet service.
Mountain Super Angel has until Jan. 28 to take up the option of acquiring Teles, and Daniel Wenzel, member of the board of directors of Mountain Super Angel said he is confident the deal will take place, as the investment firm see opportunities for satellite...